Question

Which system gives the government control of factories and businesses, as well as wages?

Answer 1

Sociliasm is the system in which the government oversees all activities relating to prices. So, choice C is the right one.

What does the socialist form of government entail?

A political and economic system known as socialism is, broadly speaking, one in which the state or government typically controls property ownership and the means of production.

Socialism is predicated on the notion that a more egalitarian society results from collective or public ownership of resources and manufacturing equipment.

Hence , Option c is the correct answer.

Learn more about socialism:

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